ulips

Delhi Chief Minister Rekha Gupta on Saturday said that the national capital has secured a place in the highest 'Exemplar' category in the Logistics Ease Across Different States (LEADS) 2025 Index, marking a major jump from its earlier 'Achiever' status.

Ageas, a Belgian insurer, is prioritizing growth in India, aiming for a top-10 life insurance position and remaining open to inorganic opportunities. The company emphasizes a localized operational model and sees significant potential in India's evolving insurance market, particularly in protection and retirement segments.

As a general rule, any earning person should be insured for at least 10 years’ income. However, life cover in ulips is exactly 10 times the annual premium. So to get life cover equal to 10 times your annual income, you will have to shell out all your income as premium. No matter what the salespeople say, anyone who has a family should not put even a paisa in ulips.

Unit-linked insurance plans (ulips) are the long-term investment plans which offer insurance benefits along with market returns and tax advantages.

In view of IRDA's decision to challenge Sebi's ban on unit-linked insurance products (ulips) in court, the market watchdog on Thursday moved the Supreme Court and some high courts to guard against any ex parte decision.

Budgets can impact your investment goals and FM Sitharaman’s Union Budget 2021 has certainly made ulips lose their sheen!

The Supreme Court today issued notices to the Centre and 14 life insurers on a petition by market regulator Sebi seeking transfer of cases from High Courts relating to Unit Linked Insurance Products (ulips).

Sebi has asked 14 private insurance companies, including SBI Life, ICICI Prudential Life and Reliance Life Insurance, not to issue any more ULIP products.

Even as the finance ministry seeks to maintain distance from the ongoing controversy over ulips, Congress MP Sanjay Nirupam has written to the ministry asking it to immediately interve in the matter.

Will the new Insurance Regulatory and Development Authority (IRDA) guidelines on unit-linked insurance plans (ulips) make them more investment- friendly? Investment experts don't think so.

In a public interest litigation (PIL) filed with the high court, a lawyer has charged insurance companies of fleecing people of their hard-earned money through unit linked insurance policies (ulips).

They were once the most bought financial product. Then ulips became the most reviled investment, forcing a string of reformatory measures.

The recent regulatory spat over Unit-Linked Insurance Plans (ulips) has projected insurance companies and their sales force as the villains of the piece.

Insurance regulator IRDA on Monday tweaked some norms related to unit-linked insurance products (ulips). These include rules stipulating compulsory insurance cover to be included in the top-up premiums for these products.

Insurance sales people are trying to push unit linked insurance plans (ulips) to unsuspecting individuals who are in a rush to invest in tax-savings instruments as another financial year nears the end.

Unit Linked Insurance Schemes or popularly known as ulips combine advantages of both life insurance and investments – allowing you to set life goals and achieve them with ease.

ulips are insurance plans with disparate investment options and have captured the buyers' imagination in the last few years.

Life Insurance Council on Wednesday said they would follow the directions to be issued by insurance regulator IRDA, in response to market regulator Sebi’s Tuesday circular, which prohibited 14 private life insurance companies from issuing fresh Unit linked insurance plan (ULIP) schemes.

"Some smart Ulip holders are switching to the monthly premium payment mode to make their Ulip investments work like a mutual fund SIP,” said Anuj Mathur.

Take this short test to know if you should be putting money in a unit-linked insurance plan

Finance minister Pranab Mukherjee on Tuesday said the dispute between insurance regulator IRDA and stock market regulator Sebi regarding unit-linked insurance products (ulips) will be resolved very soon.

It's back to business for insurance companies. With the government confirming the status of Unit Linked Insurance Plans (ulips) as insurance products, investors are once again going to get calls from insurance advisors proclaiming the virtues of buying ulips.